Leave those credit cards alone

Debt is giving to the past, while God is focused on the future.
“Brethren, I count not myself to have apprehended:
but this one thing I do, forgetting those things which
are behind, and reaching forth unto those things which
are before,” (Philippians 3:13) “The rich ruleth over
the poor, and the borrower is servant to the lender.”
(Proverbs 22:7)
If you do not have the money to buy an item, you should not
buy that item. This is why saving is so important. I am training my
children to save for the things they want. Prioritize your goals and
work toward an objective. If they learn these principles, they will
never have to finance a car loan, as they will be able to pay cash
for the vehicle of choice. They may not be able to purchase a brand
new Mercedes-Benz S500, but they can buy a certified used one
with low miles and keep the interest in their own pocket or bank
account. Stop purchasing new cars every three to five years. Look
more to used cars, which have better value, as a new car depreciates
significantly once you drive off the car lot. Of course, there are
exceptions to this rule – for example, home healthcare professionals,
pharmaceutical sales representatives and others who need new
or program vehicles for obvious reasons.
Devin Oten
DO Enterprises
www.DevinOten.com
Writer, Public Speaker and Philanthropist